10 things you need to know before European markets open

Companies, not governments, might be on the hook for European crises. A group of experts called Thursday for “substantial reform” of the European Union budget that might see Brussels levy corporate and other taxes to cope better with crises.

We’ll find out what Brexit means next week. British Prime Minister Theresa May will make a major speech next week setting out further details on her plan for leaving the European Union, Downing Street said.

Hong Kong’s deputy leader announced her bid to lead the city. Carrie Lam is deputy to Hong Kong’s unpopular leader Leung Chun-ying and rose through the ranks as a career civil servant before taking public office.